The difference of selling price and cost price of an article is RS200, find the selling price of the article if the profit is 10 %
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Answer:
Selling price = Rs. 2200
Step-by-step explanation:
Let the cost peice be X
Sold at 10 % profit
( (100+10)/100) * X = Selling price
Given that
SP - CP = 200
( 110X / 100) - X = 200
10X / 100 = 200
X = 2000
CP = 2000
SP = (110 * 2000)/ 100
= 2200
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